Decentralized exchange Balancer announces the official launch of $veBAL tokenomics. The 80/20 BAL/ETH pool's BPT (liquidity tokens of the Balancer pool) will be locked into veBAL, and anyone can lock the 80/20 BAL/ETH pool's BPT for a period of 1 week to 1 year to receive the corresponding veBAL. The veBAL can vote on the share of the reward for each liquidity pool. In addition, 75% of protocol revenues will be distributed to veBAL holders.
